Hotel-Motel
Super 8
130 Nye Cir, Wytheville, VA 24382
Listing Price: $3,650,000
Investment Overview
Marcus & Millichap is pleased to present the fee-simple interest in the 82-room Super 8 by Wyndham located at 130 Nye Circle in Wytheville, Virginia. Strategically positioned at the intersection of Interstates 77 and 81, the Hotel benefits from exceptional regional accessibility and visibility, drawing steady demand from travelers, logistics traffic, and tourism throughout southwestern Virginia.
The Super 8 sits on a well-sized parcel with convenient access to key local and regional demand drivers, including the Wytheville Meeting Center, Wythe County Community Hospital, and Downtown Wytheville’s growing retail, dining, and cultural scene. The property is proximate to several national restaurant brands and lodging competitors, creating a competitive and visible presence in the market.
Wytheville serves as a vital transportation hub and regional waypoint due to its position at the crossroads of two major interstates. This location fuels year-round lodging demand from long-haul travelers, sports and recreation tourism, and area business activity. The property offers a well-rounded amenity package including complimentary breakfast, free Wi-Fi, and pet-friendly accommodations.
Super 8
Investment Highlights
- Fee simple interest in the 82-room Super 8 by Wyndham located in Wytheville, Virginia
- Excellent accessibility and visibility at the intersection of major north-south corridors, Interstates 77 & 81, two of the busiest trucking routes on the East Coast
- Located in Southwest Virginia's Blue Ridge region, Wytheville serves as a commercial and transportation hub given its direct access to two major interstates
- Adjacent to Progress Park, a 1,200-acre industrial hub undergoing major expansion, including new site development and over $50M in infrastructure improvements
- STS Group AG committed a $39?million investment to build its first U.S. manufacturing facility in the park, generating 120 new jobs
Listing Price: $3,650,000
Investment Highlights
- Fee simple interest in the 82-room Super 8 by Wyndham located in Wytheville, Virginia
- Excellent accessibility and visibility at the intersection of major north-south corridors, Interstates 77 & 81, two of the busiest trucking routes on the East Coast
- Located in Southwest Virginia's Blue Ridge region, Wytheville serves as a commercial and transportation hub given its direct access to two major interstates
- Adjacent to Progress Park, a 1,200-acre industrial hub undergoing major expansion, including new site development and over $50M in infrastructure improvements
- STS Group AG committed a $39?million investment to build its first U.S. manufacturing facility in the park, generating 120 new jobs
Investment Overview
Marcus & Millichap is pleased to present the fee-simple interest in the 82-room Super 8 by Wyndham located at 130 Nye Circle in Wytheville, Virginia. Strategically positioned at the intersection of Interstates 77 and 81, the Hotel benefits from exceptional regional accessibility and visibility, drawing steady demand from travelers, logistics traffic, and tourism throughout southwestern Virginia. The Super 8 sits on a well-sized parcel with convenient access to key local and regional demand drivers, including the Wytheville Meeting Center, Wythe County Community Hospital, and Downtown Wytheville’s growing retail, dining, and cultural scene. The property is proximate to several national restaurant brands and lodging competitors, creating a competitive and visible presence in the market. Wytheville serves as a vital transportation hub and regional waypoint due to its position at the crossroads of two major interstates. This location fuels year-round lodging demand from long-haul travelers, sports and recreation tourism, and area business activity. The property offers a well-rounded amenity package including complimentary breakfast, free Wi-Fi, and pet-friendly accommodations.
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